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▶ 0:26 · $DUOL · I Just Bought More Duolingo Stock | $DUOL
episode briefing
Asymmetric Investing

I Just Bought More Duolingo Stock | $DUOL

2026-03-25 · 1 company · 0 thematic
sentiment
1 bull0 bear0 neu
speakers
travis hoium

Travis Hoium hosts the Asymmetric Investing podcast/YouTube channel and manages the Asymmetric portfolio. He conducts fundamental research using Fiscal AI and focuses on platform business models, healthcare technology, and consumer subscription businesses. He discloses holding Hims & Hers as one of his largest positions.

quote
“If you sort of play out the DAU, at least with the back of the envelope math, you're looking at a business in a couple of years that could be 2.5 billion dollars worth of revenue and over 700 million dollars in adjusted EBITDA. Adjusted EB…”
—travis hoium
now playing · $DUOL
$DUOL···bullish· high· postravis hoium
Hoium adds to Duolingo position: 5x 2028 EBITDA multiple offers asymmetric upside
Duolingo has $1B+ cash and $400M buyback providing downside protection, while management targets 100M DAU by 2028 implying $2.5B revenue and $700M EBITDA. At current $3.5B enterpr…